In April, Greenpeace released video footage showing that a palm oil supplier for major food companies, the Hayel Saeed Anam Group was destroying large swaths of rainforest in Indonesia, despite concerted efforts by industry stakeholders to stop forest destruction in palm oil supply chains. The repercussions for Hayel Saeed Anam Group are still unfolding, but recent history suggests that the outcome may well involve financial consequences.
Finding Entrepreneurial Solutions for the Global Environmental Challenges We Face
This is the year that the global population hits seven billion, and many of our global challenges are made all the more challenging by having more and more people on this planet that we all share. The price of oil has hit new heights this year not just because of unrest in the Middle East but because the seemingly unstoppable growth of economies in Asia and elsewhere has more people using oil while there is less and less to go around. The price of food has risen dramatically this past year, and the future is likely to see growing competition even for water.